Limits increased on foreign investments in Govt Securities

The Monetary Board of the Central Bank has decided to raise the current threshold for foreign investments in Treasury bills and Treasury bonds from 10 per cent of the outstanding Treasury bill and Treasury bond stock to 12.5 per cent.

This has been done in order to support the growth momentum of the economy by enhancing resource availability, while also easing the domestic savings-investment gap and thereby mitigating any pressure on interest rates.

Meanwhile, foreign investors have expressed continued interest in investing in the Government Securities market, as a result of growing uncertainties in advanced economies and greater prospects in emerging economies, bank stated.

Interested to join with us ?

Are you vigilant about your surroundings ?
Are you capable of writing News articles or have a keen eye ?
Then you are most welcome to be a part of SINHALAYA News Agency. Please send in your authenticated articles, news stories, information, pictures to:

Be connected with SINHALAYA

More from SINHALAYA

Disclaimer | All Rights Reserved

Content (text, images, effects, concepts, names, symbols etc) published in www.sinhalaya.com is copyright protected. Any media or party is permitted to reproduce the news items by giving the due courtesy to www. sinhalaya.com and with no alterations to content, respecting the intellectual property rights.Content in this website is published with no intention of provoking, insulting or intimidating for that matter, to any party or individual but with true sense of ethics.Believing the freedom of expression, we may publish statements from outside parties provided that the sources are reliable and authenticity proved.